German firms to explore Vietnam market

A 12-member business delegation from eastern Germany will visit Vietnam
from September 15 to 19 to look for partners and trade opportunities.

Following
successful visits by earlier delegations in 2010 and 2011, this time
the group is headed by Benno Bunse, chairman and general director of
Germany Trade and Invest, and Ines Koerner of the Federal Ministry for
Economic Affairs and Energy.

There will be 12 businesses from
sectors like renewable energy, biogas factory construction,
bio-technology, healthcare, education, tourism consultancy, and
consultancy for construction design, banking, foreign trade, business
administration, and business start-up.

There will be a
Vietnam-Germany business forum in Hanoi on September 16 for businesses
and investors from the two countries to introduce opportunities to them.

Bunse
said: "Vietnam's economic growth rate in recent years has created many
opportunities for medium-sized German enterprises, helping turn Germany
into one of the biggest trade partners of Vietnam in Europe. Besides, we
hope to attract more and more Vietnamese businesses to invest in our
country."

In the past 20 years, eastern Germany has developed
into a tech hub with a network of 59 universities and many technology
centres and great success in education and research, attracting more
than 100,000 Vietnamese students.

Since the reunification of
Germany 20 years ago, the country's GDP has grown rapidly, strongly
driven by increasing demand from Asia.

With Germany's experience
in modernising communication and transportation infrastructure in its
eastern part in the past two decades, Vietnamese companies can leverage
German firms' expertise for Vietnam's own infrastructure expansion and
modernisation.

Germany Trade & Invest
is the country's foreign trade and inward investment promotion agency.
It advises foreign companies looking to expand their business activities
in the German market and provides information on foreign trade to
German companies.

The delegation's visit will be organised by
Germany Trade & Invest, Delegate of German Industry and Commerce in
Vietnam, and the State Development Corporation of Thuringia.-VNA